Alexi Raises $11M Series A to Power Next-Generation AI for Litigators

We’re excited to announce that Alexi has secured $11 million USD ($15 million CAD) in a Series A funding round, led by Drive Capital. This brings our total funding to over $20 million, with continued support from investors like Draper Associates. As part of this exciting milestone, we welcome Chris Olsen, Partner at Drive Capital, to our Board of Directors.

This round of funding comes at a pivotal time for Alexi, following the release of our Instant Memos, Arguments, and Chat capabilities less than a year ago. With demand for our AI-powered litigation tools growing rapidly, this fresh capital will enable us to scale our team across engineering, product development, brand and design, legal, and business development. More importantly, it will help us continue to innovate, expand our reach across North America, and deliver new features to serve law firms looking to incorporate cutting-edge AI into their workflows.

AI Innovation for a Real-World Impact

At Alexi, we’re not just building AI for the sake of technology — we’re focused on solving real business problems for lawyers. “We evaluate over 6,000 companies a year, most of which position themselves as an ‘AI company,’" said Chris Olsen, Co-Founder and Partner at Drive Capital. "Alexi is one of the very few examples of using AI to solve a business problem. Lawyers who use Alexi run more successful law practices. It is only a matter of time until attorneys all over the world are using Alexi to be better lawyers."

Our AI technology enables legal professionals to generate high-quality legal memos, identify key legal arguments, and automate routine litigation tasks — all within one platform. Our goal has always been to empower legal teams, making legal knowledge more accessible and enabling lawyers to serve their clients more effectively.

Building the Future of Legal AI

“The rate of innovation at Alexi is astounding," says Mark Doble, CEO of Alexi. "Instead of trying to predict the future, we’re building it. This funding allows us to accelerate our ability to deliver new value to our customers and push the boundaries of what AI can do for the legal profession."

With thousands of litigators in the U.S. and Canada already using Alexi, our user base is growing 15-20% month-over-month. This is just the beginning, and we’re excited to continue building technology that transforms how lawyers work, improves their practices, and ultimately enhances access to justice.

About Alexi

Founded by Mark Doble and Sam Bhasin, Alexi’s proprietary AI-powered platform helps litigators streamline their legal research and automate litigation tasks, saving time and boosting productivity. By consistently driving innovation, Alexi is redefining how lawyers access legal knowledge and support. Learn more at www.alexi.com or follow us on LinkedIn.

About Drive Capital

Drive Capital is a venture capital firm at the intersection of industry and technology, managing over $2B in assets. They have backed market-defining companies like DuoLingo, UDACITY, and KOHO, investing in real businesses across North America and creating real value in industries like finance, healthcare, and energy.

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